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Alicorp (LIM:ALICORC1) Cyclically Adjusted FCF per Share : S/.0.84 (As of Mar. 2024)


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What is Alicorp Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Alicorp's adjusted free cash flow per share for the three months ended in Mar. 2024 was S/.0.313. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is S/.0.84 for the trailing ten years ended in Mar. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-06-08), Alicorp's current stock price is S/.6.19. Alicorp's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was S/.0.84. Alicorp's Cyclically Adjusted Price-to-FCF of today is 7.37.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Alicorp was 13.73. The lowest was 6.24. And the median was 8.99.


Alicorp Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Alicorp's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Alicorp Cyclically Adjusted FCF per Share Chart

Alicorp Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.61 - -

Alicorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.80 0.69 0.77 0.84

Competitive Comparison of Alicorp's Cyclically Adjusted FCF per Share

For the Household & Personal Products subindustry, Alicorp's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alicorp's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Alicorp's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Alicorp's Cyclically Adjusted Price-to-FCF falls into.



Alicorp Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Alicorp's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.313/131.7762*131.7762
=0.313

Current CPI (Mar. 2024) = 131.7762.

Alicorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.134 99.695 -0.177
201406 0.136 100.560 0.178
201409 -0.288 100.428 -0.378
201412 0.337 99.070 0.448
201503 0.336 99.621 0.444
201506 0.238 100.684 0.311
201509 0.138 100.392 0.181
201512 0.334 99.792 0.441
201603 0.019 100.470 0.025
201606 0.172 101.688 0.223
201609 0.381 101.861 0.493
201612 0.369 101.863 0.477
201703 0.293 102.862 0.375
201706 0.368 103.349 0.469
201709 0.082 104.136 0.104
201712 0.187 104.011 0.237
201803 0.008 105.290 0.010
201806 0.145 106.317 0.180
201809 0.307 106.507 0.380
201812 0.239 105.998 0.297
201903 -0.056 107.251 -0.069
201906 0.311 108.070 0.379
201909 0.457 108.329 0.556
201912 0.220 108.420 0.267
202003 0.509 108.902 0.616
202006 -0.009 108.767 -0.011
202009 0.250 109.815 0.300
202012 0.042 109.897 0.050
202103 0.495 111.754 0.584
202106 -0.948 114.631 -1.090
202109 0.553 115.734 0.630
202112 0.000 117.630 0.000
202203 0.718 121.301 0.780
202206 -0.666 125.017 -0.702
202209 1.068 125.227 1.124
202212 0.000 125.222 0.000
202303 -0.150 127.348 -0.155
202306 -0.920 128.729 -0.942
202309 0.595 129.860 0.604
202403 0.313 131.776 0.313

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Alicorp  (LIM:ALICORC1) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Alicorp's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.19/0.84
=7.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Alicorp was 13.73. The lowest was 6.24. And the median was 8.99.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Alicorp Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Alicorp's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Alicorp (LIM:ALICORC1) Business Description

Traded in Other Exchanges
Address
Argentina Av No. 4793, The League Carmen Reynoso, Callao, Lima, PER
Alicorp S.A.A. is a Peruvian company that manufactures, imports, exports and distributes mass consumption products across South America. Products are offered through four operating segments: mass Consumption, which contributes to the majority of firm revenue, B2B and aquaculture. Mass consumption products include various oils, hair care products, noodles, drinks, and food products. The B2B segment is the next largest contributor to revenue and manufactures and supplies products for industrial use such as laundry detergents, soap and stain removers, as well as beauty products. Aquaculture involves the provision of nutritional animal food and the Grinding segment. The company earns the majority of revenue domestically, with the rest coming from other South American countries.

Alicorp (LIM:ALICORC1) Headlines

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